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General Metals Drills 445 Ft of Surface Oxide Gold Mineralization

Investing News Network
Nov. 08, 2010 01:45PM PST
Gold Investing

General Metals Corporation (OTC:GNMT) announces the drill results in the Hill Zone.

General Metals Corporation (OTC:GNMT) announces the drill results in the Hill Zone.

The press release is quoted as saying:

The large intercepts reported in the current holes are hosted in favorable sedimentary host rocks, east of structurally controlled high grade oxidized mineralization in “feeder structures” (faults or breaks in the rocks which increase porosity, permeability and receptivity), as identified in holes GM-127 and GM-128, where GM-127 contained interval as previously announced which assayed 0.908 ounces of gold per ton (opt Au) and 0.36 ounces of silver per ton (opt Ag) over 10 feet with an individual high of 1.586 opt Au over 5 feet and GM-128 which contained 1.019 opt Au and 0.99 opt over 15, and an individual high sample of 2.897 opt Au over five feet. These intercepts represent the approximate true width of the large and expanding Independence Surface Oxide Target.

Click here to access the entire press release

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